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Jeffrey Smith’s Starboard Sees a Pop from Two Positions

The activist hedge fund identified a new target on Monday as another got acquired by KKR.

  • By Stephen Taub

Monday was quite a day for the folks at Jeffrey Smith’s Starboard Value L.P.One of the activist hedge fund’s known positions jumped in price following news that it would be acquired, while another major investment surged in price after the activist hedge fund disclosed its position.In the case of the

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